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Calculating Speeds) The latest reports inform you that the speed of the river’s current is about 3 miles
per hour relative to the shore. Using this information, along with the distance you will be traveling,
write/solve a quadratic equation to calculate how fast your boat will have to travel in the water in order
to complete the cruise in the desired time.
Calculating Costs) The various costs of completing a voyage on a luxury cruise liner include
paying for fuel, food, payroll expenses, and other miscellaneous onboard and transportation
expenses. That being said, one estimate states that the daily cost to operate a cruise liner can
total to around $400 per each passenger onboard. With this in mind, write an expression to
represent the daily cost of your voyage per each ticket (t) sold (note: assume each ticket sold
translates to one passenger).
Demand Curves and Profits)
The following graph shows a possible relationship between the cost of a river cruise and the
number of tickets likely to be sold. Such a demand curve allows a person to estimate amount of
products (in this case, cruise ship tickets) that the public will buy depending on their price
(note: while demand curves are typically constructed based on consumer statistics, this
particular graph was not created using real data from the cruising industry).
Learn More
https://boatinggeeks.com/how-much-does-a-cruise-ship-cost-to-operate/
Image URLs
https://www.travelpulse.com/news/cruise/amawaterways-to-debut-new-cruise-ship-on-nile-
river.html
https://www.petrexgmbh.com/china-environmental-policies-to-protect-the-yangtze-river/
https://www.travelweekly.com/Cruise/Viking-River-Cruises/Viking-Var